Botswana Beyond Diamonds: Can the Economy Successfully Diversify?
Botswana built one of Africa’s strongest economic success stories on diamonds. But weakening demand, fiscal pressure and stubbornly high unemployment are exposing the limits of that model. The country now faces a more difficult challenge: building new engines of growth before its old one becomes less dependable.
ET&A Research · 19 August 2026
For much of its post-independence history, Botswana has been held up as an example of how a resource-rich African country can successfully manage its natural wealth.
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